Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 2, 2009 21:33
Comments: 475
View Hot-Chart
This thread was started in response to the Hot-Chart:

Aussie Dressed up but where to Go?

 
FrankBrit
Frankfurt am Main, Germany
Posts: 73
15 years ago
Feb 1, 2010 10:35
Hi Ashraf and everyone,

Holding about 50 / 50 cash JPY and AUD - looking to get rid of my AUD soon - although AUD/JPY has not made a daily low just yet. Is a retractment expected from the recent drop and to what level? i.e. what would be a good level to sell my AUD on the basis of holding JPY for some weeks?

Any thoughts and ideas would be very welcome.

Kind regards to All.
chloethebull
Posted Anonymously
15 years ago
Feb 1, 2010 3:37
hi ashraf ,with aud home price index rising soo much ..could rba be set to raise interest rates on tueday..if they do raise would usd sell off?thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 1, 2010 1:00
dragon, depens how long you want to hold it for. trend is still down and if you want to play the retracement than pick the session low and look for 50 pips.

dont get carried away on the retarcements

Ashraf
dragon
Singapore, Singapore
Posts: 3
15 years ago
Jan 29, 2010 3:54
Ashraf,
Following up on Frank's query, what would be a good AUD-USD level to buy aussie?
Thanks.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 29, 2010 0:50
Poor Aussie. No Cartel to protect it like sterling has with Goldman.

I was just reading fundamental analysts saying aussie will be .96 to parity in 6 months-something about the yield supporting the downs. Tell that to Aussie longs right now.

BTW, these same anaylsts will be calling for .8750 soon.
Frank
Vancouver, Canada
Posts: 32
15 years ago
Jan 28, 2010 16:12
Thanks

All wait longer to buy AUD ..
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 28, 2010 15:11
This from S&P:
S&P: NO LONGER CLASSIFIES UK AMONG MOST STABLE & LOW RISK BANKING SYSTEMS GLOBALLY

Frank No i dont like AUD here and AUDJPY still capped at that 8225 resistance (now 80.94)


Ashraf
Frank
Vancouver, Canada
Posts: 32
15 years ago
Jan 28, 2010 14:42
Ashraf

Time to buy the Aussie ?? for a bounce from here ?

Thanks
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 28, 2010 13:41
GO GOLDMAN GO
GO GOLDMAN GO
prove to the world what manipulators you are

GO GOLDMAN GO
pay those bonuses
montmorency
Abingdon, UK
Posts: 610
15 years ago
Jan 28, 2010 13:39
EUR:GPB - From Ashraf's Twitter home (reply to someone):

"we can even do 0.85 in $EURGBP as 1.38 EURUSD is question of when (not if). selling euro has been relatvly effortless".

Makes my long look a bit silly, but still, we'll see how it does below 0.86.